Bowman Consulting Group (NASDAQ:BWMN – Get Free Report) was downgraded by equities research analysts at Robert W. Baird from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.
A number of other brokerages have also issued reports on BWMN. Capital One Financial set a $43.00 target price on shares of Bowman Consulting Group in a research report on Tuesday. B. Riley Financial downgraded shares of Bowman Consulting Group from a “buy” rating to a “neutral” rating in a report on Monday. Wolfe Research set a $43.00 price target on shares of Bowman Consulting Group in a report on Tuesday. Weiss Ratings upgraded shares of Bowman Consulting Group from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Bowman Consulting Group from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bowman Consulting Group currently has a consensus rating of “Hold” and an average price target of $46.43.
Read Our Latest Stock Analysis on BWMN
Bowman Consulting Group Stock Performance
Bowman Consulting Group (NASDAQ:BWMN – Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.15. Bowman Consulting Group had a return on equity of 2.67% and a net margin of 1.30%.The company had revenue of $146.13 million during the quarter, compared to analyst estimates of $129.35 million. On average, equities analysts forecast that Bowman Consulting Group will post 0.82 earnings per share for the current year.
Institutional Trading of Bowman Consulting Group
A number of institutional investors and hedge funds have recently modified their holdings of BWMN. New York State Teachers Retirement System acquired a new position in shares of Bowman Consulting Group in the fourth quarter valued at $42,000. Tower Research Capital LLC TRC boosted its stake in Bowman Consulting Group by 244.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,301 shares of the company’s stock worth $66,000 after buying an additional 1,633 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Bowman Consulting Group by 169.6% during the fourth quarter. State of Alaska Department of Revenue now owns 2,599 shares of the company’s stock worth $84,000 after buying an additional 1,635 shares in the last quarter. Fifth Third Bancorp bought a new stake in Bowman Consulting Group in the 1st quarter valued at $196,000. Finally, NewEdge Advisors LLC raised its stake in shares of Bowman Consulting Group by 478,000.0% in the 3rd quarter. NewEdge Advisors LLC now owns 4,781 shares of the company’s stock valued at $203,000 after buying an additional 4,780 shares in the last quarter. 63.20% of the stock is currently owned by institutional investors.
Key Bowman Consulting Group News
Here are the key news stories impacting Bowman Consulting Group this week:
- Positive Sentiment: All-cash acquisition creates a valuation catalyst. Bernhard Capital Partners plans to take Bowman private for $43 per share, with closing expected in the fourth quarter of 2026 or the first quarter of 2027, subject to shareholder, regulatory and other customary approvals. Bowman Acquisition Announcement
- Positive Sentiment: Q2 earnings beat analyst expectations. Revenue rose 19.7% year over year to $146.1 million, exceeding the $129.35 million consensus estimate, while diluted adjusted EPS of $0.62 surpassed expectations of $0.47. Adjusted EBITDA increased 19.2% to $24.1 million. Bowman Q2 Earnings Beat
- Positive Sentiment: Backlog growth improves future revenue visibility. Gross backlog expanded 50.3% to $658.7 million, while organic net service billing growth accelerated to 12.7%. Bowman reaffirmed 2026 net revenue guidance of $520 million to $540 million and adjusted EBITDA margin guidance of 17.2% to 17.7%.
- Neutral Sentiment: Heavy call-option activity indicates speculative optimism. Traders purchased 4,127 call options, approximately 15 times average call volume. The activity may reflect expectations for deal completion or a competing offer, but it does not guarantee additional stock gains.
- Neutral Sentiment: Short-interest data provides little usable signal. Reported short interest was zero shares, leaving a zero-day short-interest ratio and making the claimed increase statistically meaningless.
- Negative Sentiment: Profitability and cash flow weakened. GAAP net income declined to $2.5 million from $6.0 million, first-half results showed a $1.2 million loss, and operating cash flow fell to $3.7 million from $16.3 million. The company’s revenue outlook is also below analyst consensus of approximately $594.9 million.
- Negative Sentiment: Shareholder investigations could complicate the transaction. Kahn Swick & Foti, Halper Sadeh and SBS Law are examining whether Bowman’s $43 offer and sale process adequately protect shareholders. Litigation or opposition could delay or derail the deal. The COO’s $24,897 stock sale was conducted under a pre-arranged Rule 10b5-1 plan, reducing its negative significance. Bowman Investor Investigation
Bowman Consulting Group Company Profile
Bowman Consulting Group Ltd. (NASDAQ: BWMN) is a multidisciplinary professional services firm that provides engineering, environmental, planning and surveying services to public and private sector clients. Its service offerings encompass civil, geotechnical and environmental engineering; land development planning and permitting; construction management; survey and geospatial services; and ecological and water resources consulting. The firm supports infrastructure, real estate, energy, utilities and telecommunications projects, delivering site characterization, design, permitting and construction-phase oversight.
Since its founding in 1980, Bowman Consulting Group has grown organically and through strategic acquisitions to expand its technical capabilities and geographic footprint.
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